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20121129
20121207
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legislative chief rob neighbors bring the president's deficit-cutting plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is now suggesting that while negotiations continue on whether the wealthy to pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people, and i think we ought to go ahead and make that abundantly clear to eve
to cut the deficit. and say republicans will have to give in. >> did speaker john boehner get the message? because the message was work together. >> they're not going to openly concede on this point this far out from the deadline, but they see the handwriting on the wall. >> reporter: late today, gop sources said that they have some details about the proposal brought here from tim geithner. they say the white house is offering $1.6 trillion in tax increases over ten years, 400 billion in cuts coming later. and no new proposals dealing with entitlement reform. republicans say for them, a nonstarter. >> kelly o'donnell, another cold night on capitol hill. thank you. >>> and as this debate goes on, a memorial service in washington today for a long-time budget-cutting warrior, former senator warren rudman, and david suitor was among them, and former senator and white house chief of staff, howard baker, a republican from new hampshire who authored a bill that included automatic spending cuts way back in '85. warren rudman went on to found the coalition that pushed for reducing the deficit. sen
vanishing. >> reporter: treasury secretary tim geithner and rob nabors bring the president's deficit-cutting plan to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful but don't put me down anywhere near optimistic. >> reporter: one conservative republican is now suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people. i think we ought to go ahead and make that abundantly clear to everybody and take them out of the negotiations. >> reporter: bottom line, no
: what santa clara mayor talking about? as part of his plan to patch a then $25 billion budget deficit, brown proposed dissolving redevelopment agencies in 2011. now, remember this date. january 10th, 2011. that's when brown unveiled the legislation. ab 1 x 26. sounds futuristic, doesn't it? the state is starting in 2011 redevelople agencies, quote, shall be unauthorized and shall not take certain actions that include the ability to pledge or encumber for any purpose any of its assets or revenues. closed quote. now fast forward six months. the governor signs the bill into law, applying it retroactively to january 1. but here's what happens in between. cities throughout california including santa clara scramble to shift all of the land and property assets that were under the redevelopment agency's name into the city's name. in santa clara, this includes real estate like the convention center and the 100 acres underneath great america. property originally purchased by the taxpayers of santa clara but later moved to the redevelopment agency in the '80s. because the recent mad transfer of
Search Results 0 to 3 of about 4